Posts Tagged ‘Currency Trading’

The US dollar has been rocketing higher on the incredible divergence of major central-bank policies. While the Fed’s first rate-hike in 9 years looms, ECB has started aggressively monetizing sovereign debt first time ever. Resulting yield differential has catapulted the USD parabolic, portending a major reversal & fantastic trading opportunity.

Further proof of manipulation of gold and silver prices – if any were needed – came overnight as Switzerland’s financial regulator (FINMA) found “serious misconduct” and a “clear attempt to manipulate precious metals benchmarks” by UBS employees in precious metals trading, particularly with silver.

Under the gold standard, working people would control the money supply, not elitist bureaucrats. Contrary to myth, and intellectual confusion, under the gold standard the money supply would not be limited to the government’s holdings or supply of gold.

We are witnessing the greatest financial market and currency manipulation of all times. Large currencies with their debt problems & monetary expansion are pulling everyone down. One currency that is not expected to go down, just by the mere fact that it is limited in supply is – Obviously Gold!

The Swiss Financial Market Supervisory Authority (FINMA), according to its website on Friday, is “currently conducting investigations into several Swiss financial institutions in connection with possible manipulation of foreign exchange markets.”